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Feb 12, 2013
02/13
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of course, more government spending. we will show you how many times the president has had to pivot. also tonight among the latest on of 150-foot wide asteroid that is expected to come closer to striking earth than any other on record. the scientists say the * most likely threat is to the hundreds of weather and telecommunications satellites in geostationary orbit some 22,000 miles above the earth. and what a small college with a big idea, a big idea that could create chaos for more than 4,000 colleges and universities in the country if they follow suit. that plan may prove expensive and embarrassing to all those schools. we'll tell you all about it. we begin with the president's fourth state of the union address and his expected calls for more taxes, more spending, and yet another predicted job creation. a white house aide telling the "wall street journal" the president obama will call for spending aimed at creating jobs, nothing new from a president who has made this declaration repeatedly since he took office in 2009.
of course, more government spending. we will show you how many times the president has had to pivot. also tonight among the latest on of 150-foot wide asteroid that is expected to come closer to striking earth than any other on record. the scientists say the * most likely threat is to the hundreds of weather and telecommunications satellites in geostationary orbit some 22,000 miles above the earth. and what a small college with a big idea, a big idea that could create chaos for more than 4,000...
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Feb 16, 2013
02/13
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our government was determined to go to war. the bush administration was basically propping up anyone with any kind of credibility on the matters of national security to go out and make the case. we now know there was no case to go to war with iraq. but we are hearing from key players now. the landscape is really changing on this story. for the first time we're hearing people come forward about how the bush administration forged ahead with their plan, and how they got away with it. it's all part of a new msnbc documentary airing this monday night, 9:00 eastern time narrated by our own rachel maddow called "hubris: selling the iraq war." it's based on a book by the same name, michael isikoff and david corn. in this excerpt, vice president dick cheney makes his case in a speech to veterans of foreign wars. centcom commander anthony zinni was there and said he couldn't believe what he was hearing. >> simply stated, there is no doubt that saddam hussein now has weapons of mass destruction. there is no doubt that he is amassing them
our government was determined to go to war. the bush administration was basically propping up anyone with any kind of credibility on the matters of national security to go out and make the case. we now know there was no case to go to war with iraq. but we are hearing from key players now. the landscape is really changing on this story. for the first time we're hearing people come forward about how the bush administration forged ahead with their plan, and how they got away with it. it's all part...
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Feb 11, 2013
02/13
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our government is penalizing people for being successful. they caer
our government is penalizing people for being successful. they caer
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Feb 11, 2013
02/13
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FOXNEWS
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he'll talk about growing government, bigger government, and more spending. he will not change his tune. he doesn't believe we have a spending problem. he sees no urgency in terms of reigning in the debt, nor does nancy pelosi who says she doesn't think we have a spending problem, either. so when you have the top democrats in at the country believing that, stating it publicly, you're not going to get anything. >> i think that he is going to -- he will do -- he is going to dress up the economy because he has to because didn't mention the economy much less the debt in the inaugural, and now the polls show that people care about the economy. it's in the doghouse. so he's going to double-down -- >> there are sayreous polls that come out -- >> neither side really has the answer for this. i mean. >> why isn't that -- >> remember, last week or the week before when we had the sandy bill, which should have been just an emergency bill for, it as a load down with pork that congress, both sides of the aisle, wipe out whatever additional revenues were coming in from the t
he'll talk about growing government, bigger government, and more spending. he will not change his tune. he doesn't believe we have a spending problem. he sees no urgency in terms of reigning in the debt, nor does nancy pelosi who says she doesn't think we have a spending problem, either. so when you have the top democrats in at the country believing that, stating it publicly, you're not going to get anything. >> i think that he is going to -- he will do -- he is going to dress up the...
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Feb 19, 2013
02/13
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effect -- scheduled to take effect next month will mean reduced spending by both households and the government. we project that inflation-adjusted gdp will increase about 1.5% this year but that it would increase roughly 1.5 percentage points faster were it not for the fiscal tightening. under current law then, we expect the unemployment rate will stay above 7.5% through next year. that would make 2014 the sixth consecutive year with unemployment so high, the longest such period in 70 years. we expect that growth in real gdp will pick up after in this year to about 3.5% in 2014 and the following few years. but the gap between the nation's gdp and what it is capable of producing on a sustainable basis, what we call potential gdp, still will not close quickly. under current law we expect output to remain a below its potential level until 2017, almost a decade after the recession started in december 2007. the nation has paid and will continue to pay a very high price for the recession and slow recovery. we estimate that the total loss of output relative to the economy's potential between 2007 and
effect -- scheduled to take effect next month will mean reduced spending by both households and the government. we project that inflation-adjusted gdp will increase about 1.5% this year but that it would increase roughly 1.5 percentage points faster were it not for the fiscal tightening. under current law then, we expect the unemployment rate will stay above 7.5% through next year. that would make 2014 the sixth consecutive year with unemployment so high, the longest such period in 70 years. we...
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Feb 11, 2013
02/13
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the size of the government has grown exponentally. we have a proposal for every three federal retiree we hire only one. that would take care of the sequestration problem. there are simple answers to many of these problems that we can address the problem without raising people's taxes. but first, we ought to sit down across the table, the president should with us and try and work this out. all he does is go out and make speeches. >> chris: the president's nominee for cia director, john brennan testified in his confirmation hearing this week, faced tough questioning especially about the administration's targeted killing program for terrorist is suspects even american citizens. what do you think of this idea which is gaining some currency on capitol hill of what is being called a drone court where before the president puts a targeted terrorist especially an american citizen on a kill list they have to go get approval from a judge? >> i don't agree with it. but because i think it an encroachment on the powers of the president of the unite
the size of the government has grown exponentally. we have a proposal for every three federal retiree we hire only one. that would take care of the sequestration problem. there are simple answers to many of these problems that we can address the problem without raising people's taxes. but first, we ought to sit down across the table, the president should with us and try and work this out. all he does is go out and make speeches. >> chris: the president's nominee for cia director, john...
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Feb 16, 2013
02/13
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the republicans are poised to shut down government. the republicans are poised to let sequestration go forward, which is sequestration -- you know what that word means and what it means to the american people -- unemployment, no jobs, take us to recession. it's not quite an exact latin translation -- [laughter] but that is what it means. that is what is means. so we have no idea even what the provenance of mr. rogers' proposal is. does it hav the backing of the leadership? let's see what is proposed and when. but the fact this is their obstruction, and we have made many cuts and we stand ready to make more, but we are not on to destroy our opportunity for growth in our country, growth with jobs, because at the end of the day, revenue comes from those jobs. so if you're interested in deficit reduction, you need more revenue. and let me say this one other thing -- so curious, so curious that in the eight years of the bush administration, while the bulk of this deficit was being amassed, you did not hear them say boo, who, whoo, that any
the republicans are poised to shut down government. the republicans are poised to let sequestration go forward, which is sequestration -- you know what that word means and what it means to the american people -- unemployment, no jobs, take us to recession. it's not quite an exact latin translation -- [laughter] but that is what it means. that is what is means. so we have no idea even what the provenance of mr. rogers' proposal is. does it hav the backing of the leadership? let's see what is...
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Feb 11, 2013
02/13
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and i think that because it's got a pro business government. that is not going to be derailed by what i call a religion of orthodoxy of the environment. in other words, they're -- what i regard as being practical about the environment, that's important because they have a lot of resource businesses that will not be hurt by willy-nilly laws that could be passed that really do exappropriate nate a lot of their property. that's a little bit of a conservative view, but that's the way it take it. let's go to john in ohio. >> caller: hi, jim. how should i play a spinoff? should i spell the parent company or sell the company that was spun off or hold -- >> case by case, i typically like to keep the parent and sell the sub. but in some situations like abbott, i like abbott more than abv. it's case by case and if it's -- for instance, i spend a huge amount of time trying to describe what is better. i do my best on this show to tell you too. you want your portfolio to shine in any market, you have to own gold. i prefer the gld over the bouillon. but both
and i think that because it's got a pro business government. that is not going to be derailed by what i call a religion of orthodoxy of the environment. in other words, they're -- what i regard as being practical about the environment, that's important because they have a lot of resource businesses that will not be hurt by willy-nilly laws that could be passed that really do exappropriate nate a lot of their property. that's a little bit of a conservative view, but that's the way it take it....
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Feb 15, 2013
02/13
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>> government's wasting money. it should spend less on war and give less to the pharmaceuticals. i understand what senator harken's saying. >> i don't understand it at all. when you say we don't have a spending problem, you are saying that a trillion more going out than coming in -- >> i didn't say that. >> you know what i mean. the 60 trillion-dollar in debt. we've known each other many years. in your worst days, and there haven't been many worst days, you never said that. that's crazy talk. yet i her more and more of it. >> i read what senator harken said and what he was saying is we have so much money in the country, how can you say we're broke? he's right about misallocation but it would have been better to elaborate and this is his position, we spend too much on war and foreign intervention. >> congressman, we're broke. we're 16 trillion-dollar plus in debt. we'll be 20 plus trillion in debt. i don't know another way to say we owe more than we're making. that's the definition of broke. >> there's no debating the underlying premise of what you're saying but there's a debate a
>> government's wasting money. it should spend less on war and give less to the pharmaceuticals. i understand what senator harken's saying. >> i don't understand it at all. when you say we don't have a spending problem, you are saying that a trillion more going out than coming in -- >> i didn't say that. >> you know what i mean. the 60 trillion-dollar in debt. we've known each other many years. in your worst days, and there haven't been many worst days, you never said...
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Feb 13, 2013
02/13
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his issue about the role of government and we talked about this a lot. there is not just a mote, but there is maybe the grand canyon between the two parties over the role of government. these are ideological differences that will not be solved. >> it reminds you of the famous obama care saying government, hands off my medicare from the tea party. there is a greater realm of agreement amongst the american people about certain basic needs that government meets. whether it's roads and faa and certain provision of health care and benefits to those who can't afford them. there is just this issue in washington and the reality is, clearly this state of the union shows two things. government spending is contracted whether you are democrat or republican. we are talking about the margins. the republican line of constant crisis and manufacturing crisis is simply not going to work politically. >> thank you. it's a great pleasure and we have breaking news. military officials say john allen is likely to withdraw his name and nomination to be the next commander in euro
his issue about the role of government and we talked about this a lot. there is not just a mote, but there is maybe the grand canyon between the two parties over the role of government. these are ideological differences that will not be solved. >> it reminds you of the famous obama care saying government, hands off my medicare from the tea party. there is a greater realm of agreement amongst the american people about certain basic needs that government meets. whether it's roads and faa...
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Feb 11, 2013
02/13
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government said at least one in five consumers, one in five, has an error on the credit report. the federal trade commission says one in four has a mistake that could effect a score. 1 in 1020 has errors serious enough to lead to higher cost for loan and insurance. special panel of journalists and experts on the shocking resignation of the pope straight ahead. then, krauthammer, hayes and stoddard after that on "special report." [ lisa ] my name's lisa, and chantix helped me quit. i honestly loved smoking, and i honestly didn't think i would ever quit. [ male announcer ] along with support, chantix is proven to help people quit smoking. it reduces the urge to smoke. it put me at ease that you could smoke on the first week. [ male announcer ] some people had changes in behavior, thinking or mood, hostility, agitation, depressed mood and suicidal thoughts or actions while taking or after stopping chantix. if you notice any of these stop taking chantix and call your doctor right away. tell your doctor about any history of depression or other mental health problems, which could get
government said at least one in five consumers, one in five, has an error on the credit report. the federal trade commission says one in four has a mistake that could effect a score. 1 in 1020 has errors serious enough to lead to higher cost for loan and insurance. special panel of journalists and experts on the shocking resignation of the pope straight ahead. then, krauthammer, hayes and stoddard after that on "special report." [ lisa ] my name's lisa, and chantix helped me quit. i...
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Feb 12, 2013
02/13
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and a payment from some other part of the government. the work that we do, we tend to look at the government as a whole and on that basis, the debt -- on that basis the program is actually a drain on the budget today. but even if one includes the interest payments and looks at the overall social security balance, that is positive today, so the tax receipts and interest payments together are larger than benefit payments, but that will actually turn around within the coming decade. by about five or six years from now, i think in our projections, the social security trust fund, even counting interest payments, will be running a year-to-year deficit. it will be starting to draw down on the accumulated balances in the trust fund. >> that really does depend on how you view that trust fund. if you view it as an equivalent of a semiprivate entity in which it's truly separate it would be no different than my saving money and spending money from that account in the future and would be separate from the overall debt analysis. i understand that ongo
and a payment from some other part of the government. the work that we do, we tend to look at the government as a whole and on that basis, the debt -- on that basis the program is actually a drain on the budget today. but even if one includes the interest payments and looks at the overall social security balance, that is positive today, so the tax receipts and interest payments together are larger than benefit payments, but that will actually turn around within the coming decade. by about five...
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Feb 16, 2013
02/13
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they become, as i alluded to in the speech, the fourth branch of government. until we deal with that we will keep doing things that don't make sense. >> dr. carson, i want to thank you for your leadership. do know the black liberal establishment is not going to be happy but. and i'm talking about the community activists, some of the pass stores, some of the politicians and the black media because it's your story of success that they don't want communicated to the black community because they thrive on talking about blacks are victims and need special treatment. so i want to thank you for all you are doing for your leadership because we need more leaders such as yourself to communicate this story that america really is an exceptional country. >> absolutely. thank you. and i have heard from a lot of black leaders, actually, since this time, who are very thrilled with what i'm saying. i'm sure there are some that are not, but people are starting to think for themselves. this is what i really enjoy. black people, white people, brown people, yellow people, think fo
they become, as i alluded to in the speech, the fourth branch of government. until we deal with that we will keep doing things that don't make sense. >> dr. carson, i want to thank you for your leadership. do know the black liberal establishment is not going to be happy but. and i'm talking about the community activists, some of the pass stores, some of the politicians and the black media because it's your story of success that they don't want communicated to the black community because...
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Feb 13, 2013
02/13
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he got the government out of the way. we'll acknowledge that and i personally through temperment even though it is hard, coolidge kennedy reagan. the tax revenues by the rich. what is kind of distressing when you read to think that president obama, on the spending right now. will republicans stick to these cuts, they have to get out of the fetal position on cutting spending and they have got to do the sequester. 5%, they can absorb these cuts and it has to happen. i read your books and you make great detailed mention of how coolidge sat around with his budget director cutting spending because they believed that it was good for economic growth but i don't hear that today. we expect too little of american peoples. americans know that we have to cut. we know if we spend to stimulate our children will have to pay for this. to see the discipline of the people in that period. they too had a strong movement. it wasn't easy then either. they said we want to do this and we'll do it and pay for it. and a very important point the pe
he got the government out of the way. we'll acknowledge that and i personally through temperment even though it is hard, coolidge kennedy reagan. the tax revenues by the rich. what is kind of distressing when you read to think that president obama, on the spending right now. will republicans stick to these cuts, they have to get out of the fetal position on cutting spending and they have got to do the sequester. 5%, they can absorb these cuts and it has to happen. i read your books and you make...
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Feb 12, 2013
02/13
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, taxpayers, and the government itself. look, i want to streamline government and no other state other than california wants to do that. >> sean: and california's debt. >> a couple of things, look, two years ago, governor brown came into office with a four-year budget projection, 21 billion dollars a year to of a shortfall and we put a balance together and projects modest surpluses. what you're talking about is a mountain and wall of debt. and that debt we also are projecting to drop down to 35 billion to four over the next several years. >> sean: but your total debt is 427 million dollars. >> that's unfunded health care and pension liabilities and that's not dissimilar to other, we it did the first round of pension reform last year and we'll have to do more. >> sean: add the taxes up. federal income taxes 40% pan now voted in a state tax of 13 1/2%. >> yeah. >> sean: 4% obamacare tax and that's 40, 53, 57 1/2. >> yep. >> sean: and then the other things. so the average quote, rich person is paying, as phil mickelson said 62
, taxpayers, and the government itself. look, i want to streamline government and no other state other than california wants to do that. >> sean: and california's debt. >> a couple of things, look, two years ago, governor brown came into office with a four-year budget projection, 21 billion dollars a year to of a shortfall and we put a balance together and projects modest surpluses. what you're talking about is a mountain and wall of debt. and that debt we also are projecting to...
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Feb 16, 2013
02/13
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both government and public ones, private ones. you know, those types of efforts would help find these threats, hopefully before they become a serious problem. and we might have something to do about it. >> it certainly is fascinating and something else to worry about. thanks so much. >> well, thank you for having us. >>> two more airlines are about to join forces. that has some worried that it will send airfare soaring. we're going to tell you the latest airline merger and what it means for you. [ male announcer ] there are only so many foods that make kids happy. and even fewer that make moms happy too. with wholesome noodles and bite sized chicken, nothing brings you together like chicken noodle soup from campbell's. it's amazing what soup can do. >>> taking a look at some of the top business stories of the week. walmart stock took a nose dive on friday after an internal e-mail published by bloomberg news quoted an executive saying that february sales were a quote total disaster. the news came around 2:30 p.m. shortly after that
both government and public ones, private ones. you know, those types of efforts would help find these threats, hopefully before they become a serious problem. and we might have something to do about it. >> it certainly is fascinating and something else to worry about. thanks so much. >> well, thank you for having us. >>> two more airlines are about to join forces. that has some worried that it will send airfare soaring. we're going to tell you the latest airline merger and...
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Feb 15, 2013
02/13
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including issues of her taking junket trips on government planes. stuart: let's not forget that. >> all of that sound bite we're not going to run again, ladies and gentlemen, where she says you have to pass this bill to see what's in it, referring to obamacare. we're not going to run it, is that okay. and elizabeth warren also making headlines saying before congress yesterday, why don't any bank executives, why are they not in jail? why aren't they being prosecuted? listen to this. >> there are district attorneys and u.s. attorneys out there every day squeezing ordinary citizens on sometimes very thin ground and taking them to trial in order to make an example, as they put it. i'm really concerned that too big to fail have become too big for trial. stuart: that's interesting, that's elizabeth warren, a lot to do with financial regulation, she's now a senator from massachusetts and she's-- i think that's a populous approach to take. >> and thinking that it's a conservative, true conservaaive first principles of capitalism approach. interesting coming
including issues of her taking junket trips on government planes. stuart: let's not forget that. >> all of that sound bite we're not going to run again, ladies and gentlemen, where she says you have to pass this bill to see what's in it, referring to obamacare. we're not going to run it, is that okay. and elizabeth warren also making headlines saying before congress yesterday, why don't any bank executives, why are they not in jail? why aren't they being prosecuted? listen to this....
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Feb 17, 2013
02/13
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they have become as i alluded to in the speech the fourth branch of government. until we deal with that, we going to keep doing things that don't make sense. >> sean: jeanine? >> i want to thank you for your leadership. but you do know that the black liberal establishment is not going to be happy with you and i'm talking about the community activists, some of the pastors, some of the politicians and the black media because it is your story of success that they don't want communicated to the black community because thrive on talking about blacks are victims and need special treatment. i want to thank you for all you are doing for the leadership because we need more leaders such as yourself to communicate the story that america is an exceptional country. >> i have heard from a lot of black leaders since this time who are thrilled with what i'm saying. i'm sure there are some that are not. people are starting to think for themselves. this is what i enjoy. black people, brown people, yellow people, think for yourself. don't be a puppet. >> so the government accountab
they have become as i alluded to in the speech the fourth branch of government. until we deal with that, we going to keep doing things that don't make sense. >> sean: jeanine? >> i want to thank you for your leadership. but you do know that the black liberal establishment is not going to be happy with you and i'm talking about the community activists, some of the pastors, some of the politicians and the black media because it is your story of success that they don't want...
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Feb 13, 2013
02/13
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a story about a well intentioned government program that went off the rails. this program was created in 1984 under the reagan administration and the government was concerned that when at&t broke up that phone rates would go up and poor people couldn't afford phones. they said, let's create a subsidy to help them get phones. now cell phones are the big thing so cell phones are allowed on the program. but the rules they wrote were just horrible. when you went up to one of these phone stores or a community fair and they said, you want this phone? all you had to say was, i am part after government assistance program. >> you didn't have to show. >> you didn't have to show any documentation. after you became a subscriber, they didn't have to recertify you were still on the program. so it basically got abused. >> easy to get in. and once you were in -- >> hard to get out. >> but this is drn -- >> is largely paid for by other taxpayers. >> paid for by people like you and me. if you look at your phone bill and you say, what is this fee? universal fee? that pays for a
a story about a well intentioned government program that went off the rails. this program was created in 1984 under the reagan administration and the government was concerned that when at&t broke up that phone rates would go up and poor people couldn't afford phones. they said, let's create a subsidy to help them get phones. now cell phones are the big thing so cell phones are allowed on the program. but the rules they wrote were just horrible. when you went up to one of these phone stores...
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Feb 16, 2013
02/13
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it all boils down to government spending. the problem in washington is that neither side is listening to each other but lucky for you i am listening to everyone. >> now is our best chance for bipartisan, comprehensive tax reform. >> americans do not -- do not support sacrificing real spending cuts for more tax hikes. >> now, conservatives, i get where your frustration is coming from. with the state of the economy right now, it feels like your tax money is being tossed into a black hole and you get nothing in return. that's what it really comes down to -- a return on your investment, your tax. well, it's true. over the last 50 years or so, our government has gone from being one that invests in the future to one that feeds consumption. has gone from being one that invests in the future to consumption. entitlement rose to two-thirds of government spending over that time and our debt is out of control. raising rates on the rich alone won't cut it in terms of revenue if we're going to bring down the debt. everyone has to pay more.
it all boils down to government spending. the problem in washington is that neither side is listening to each other but lucky for you i am listening to everyone. >> now is our best chance for bipartisan, comprehensive tax reform. >> americans do not -- do not support sacrificing real spending cuts for more tax hikes. >> now, conservatives, i get where your frustration is coming from. with the state of the economy right now, it feels like your tax money is being tossed into a...
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Feb 18, 2013
02/13
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. >> leaders from throughout the region, including leaders from businesses and unions, government, law enforcement and community groups came together to pool resources and protect our core value of public safety. collectively, this group that by my office is posting a reward of $1 million for information that will lead to mr. dorner's capture. >> reporter: the public responded. tips came flooding in now numbering more than 1,000. >> the investigation will prioritize those clues based on the information we receive. and those clues will be followed up on immediately. >> reporter: as leads were followed up, the hunt moved into day six, and then day seven. dozens of l.a. police department families feared to be targets of dorner were still under 24-hour protection. the heavily armed killer was out there somewhere, still in hiding, but not for long. he would soon be heading into a deadly stand-off. the verizon share everything plan for small business. get a shareable pool of data... got enough joshua trees? ... on up to 25 devices. so you can spend less time... yea, the golden barrels... man
. >> leaders from throughout the region, including leaders from businesses and unions, government, law enforcement and community groups came together to pool resources and protect our core value of public safety. collectively, this group that by my office is posting a reward of $1 million for information that will lead to mr. dorner's capture. >> reporter: the public responded. tips came flooding in now numbering more than 1,000. >> the investigation will prioritize those...
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Feb 16, 2013
02/13
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. >> the national government came to pay their respects. that is something nothing has seen. >> the prime minister himself described this has the worst tragedy. in which millions of people died this country is no stranger to tragedy. >> one year later the bridge is demolished. even though it's less than two years ode. there's no structural damage but it's deemed too painful a reminder. a memorial is constructed to honor those lost. >> one of the key things was the crowd control ability isn't there. the policing wasn't in place. >> most of the people were young. just young kids. this is a time of celebration. a time to have a good time and to let go. for it to end like that, it affected a lot of people. >> coming up -- out of control college students turn a city upside down. >> i looked up, and i see a tv coming out the window. >> when "caught on camera: crowd control" continues. [ male announcer ] this one goes out to all the allergy muddlers. you know who you are. you can part a crowd, without saying a word... if you have yet to master the
. >> the national government came to pay their respects. that is something nothing has seen. >> the prime minister himself described this has the worst tragedy. in which millions of people died this country is no stranger to tragedy. >> one year later the bridge is demolished. even though it's less than two years ode. there's no structural damage but it's deemed too painful a reminder. a memorial is constructed to honor those lost. >> one of the key things was the crowd...
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Feb 11, 2013
02/13
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david: the president is doubling down on his ideology, bigger government, more spending for the government to guide the economic process. financial affairs whether it is the old-style infrastructure projects, i think it's going to be a little bit more specific but he has a new speech writer. a wordsmith, his new speech writer, he goes in for these sort of big sounding phrases rather than specific policy initiatives the president used to have. one hit against hi them in the t was it sounded like he was going down to details. they are stepping back now, looking at the grand vision, this grand vision of a government solving problems is one they want to focus on. the question is, what does that mean? it means more infrastructure projects, just saw them signed that bill on more wind power projects. dennis: president obama said he wants to cut corporate income taxes, what will be in the speech tomorrow about cutting business taxes? david: good question. rich: it depends on the industry you're looking at. typically green manufacturing manifesting itself into temporary tax credit but when you talk
david: the president is doubling down on his ideology, bigger government, more spending for the government to guide the economic process. financial affairs whether it is the old-style infrastructure projects, i think it's going to be a little bit more specific but he has a new speech writer. a wordsmith, his new speech writer, he goes in for these sort of big sounding phrases rather than specific policy initiatives the president used to have. one hit against hi them in the t was it sounded like...
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Feb 11, 2013
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i think what you need to do is look at the corporate governance issue. are they reinvesting in the business for growth? i actually think the big surprise for a lot of people is how strong growth could actually be. not necessarily those that pay a dividend, but those that create shareholder value. >> that would be something we want to see given we've been on this stagnant move. final word here, go ahead, sir. >> maria, one thing. we forget demographics. they talk about the fed pushing on a string relative to interest rates where the inflation rate is. but demographics, there's a huge swath to this country that no matter how you make the only game in town, they're going to stick with their investments because of where they are in the maturity cycle of their own lives. >> yeah. that's a fair point. absolutely. >> until it starts creeping up. once it starts to creep up and people get their statements, people are going to become worried. if the bond market moves 50 basis points, people are going to lose their whole coupon for the year. >> great point. we'll l
i think what you need to do is look at the corporate governance issue. are they reinvesting in the business for growth? i actually think the big surprise for a lot of people is how strong growth could actually be. not necessarily those that pay a dividend, but those that create shareholder value. >> that would be something we want to see given we've been on this stagnant move. final word here, go ahead, sir. >> maria, one thing. we forget demographics. they talk about the fed...
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Feb 11, 2013
02/13
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our government said it's consumption. in the cpi, you have 43% of cpi based on the rental value of housing. i think investor phenomena has helped the economy because it's taken that shadow inventory out of the banks, along with regulatory capital rules. but, for sure, along with that comes a resurgence of confidence. phoenix, home prices have gone up 22% in 12 months. is that because we were all there buying? for sure. there were only 50,000 housing units a year that the banks were producing to be bought. that produces some pressure on the individual who, you know, i really want to buy a secondary house. now, i don't have the ability to do it. >> we'll talk much more about the housing trade through the rest of the show, certainly. quickly, before we move on, how many homes are we talking about in the portfolio of this investment vehicle, if you will, that you have? are we talking thousands? tens of thousands? >> if you took the -- in our investment vehicle, we're at about 8,000 plus now, blackstone probably 10,000 plus, w
our government said it's consumption. in the cpi, you have 43% of cpi based on the rental value of housing. i think investor phenomena has helped the economy because it's taken that shadow inventory out of the banks, along with regulatory capital rules. but, for sure, along with that comes a resurgence of confidence. phoenix, home prices have gone up 22% in 12 months. is that because we were all there buying? for sure. there were only 50,000 housing units a year that the banks were producing to...
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Feb 12, 2013
02/13
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like on raising taxes, the size of government, the deficit. that's where republicans win and that's what we should be talking about. >> all right. if they stick to a very simple agenda do you stick with those who say maybe republicans stay off the social issues or if you talk about it. >> no. >> sean: got to run for office, have an answer for abortion. i mean, that's, that's fair. >> no, i mean, what was so upsetting to pro lifers like me about aiken and murdoch mulling about what should happen to a mawoman in the case of rape and all the hard work done by intelligent pro-lifers winning issue after issue and raising partial term abortion and parental-- and we want to save the 99% of babies not the result of rape, and we'd like the death penalty, but supreme court should no on that on criminal issues mentally ill and women concealed to carry and protect themselves. not granting amnesty for illegal aliens, that's where republicans win, not on look what obama did a couple of years ago. >> sean: ann coulter, good to see you. we need the three legs
like on raising taxes, the size of government, the deficit. that's where republicans win and that's what we should be talking about. >> all right. if they stick to a very simple agenda do you stick with those who say maybe republicans stay off the social issues or if you talk about it. >> no. >> sean: got to run for office, have an answer for abortion. i mean, that's, that's fair. >> no, i mean, what was so upsetting to pro lifers like me about aiken and murdoch mulling...
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Feb 13, 2013
02/13
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it's not a bigger government e we need but a smarter government. >> the president's sweeping speech met with stoney faces including house speaker john boehner who came out blasting the president moments ago. >> last night the president offered up more of the same. higher taxes and more stimulus spending. weeks away from the president's sequester and the president laid out no plan. >> the speech we got was par for the course. very liberal, fairly partisan. >> does president obama's post speech tour and his message last night signal a commander-in-chief whose second term strategy is with or without you. >> he sure as heck wasn't trying to bring both sides together. his political calculation last night was i'm never going to e get the republicans to work with me. >> the message of the speech to my ears was speaking over the heads of congress and to congress saying do your job. >> connecticut democratic senator chris murphy joins us. by far the most unforgettable moment was the president's call to action on gun control. heard by an audience of gun violence survivors and families who lost lo
it's not a bigger government e we need but a smarter government. >> the president's sweeping speech met with stoney faces including house speaker john boehner who came out blasting the president moments ago. >> last night the president offered up more of the same. higher taxes and more stimulus spending. weeks away from the president's sequester and the president laid out no plan. >> the speech we got was par for the course. very liberal, fairly partisan. >> does...
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Feb 12, 2013
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the government had used a smaller and lighter nuclear device with greater explosive power than previous tests. this is the third test in six years, and the first under the leadership of 29-year-old kim jung-un. it comes weeks after sanctions sanctions had been tightened against north korea. that was in december. the president issued the following statement. these provocation dos not make north korea more secure, far from achieving it's stated goal of becoming a strong and prosperous nation. north korea has instead increasingly isolated and impoverished it's people. other nations including china north korea's only ally, as issued statement opposing north korea's sanctions actions. here with me is gordon chang he wrote it just for today. welcome to "the war room." >> thank you so much. >> michael: obviously this is big news on a day we have the speech coming up tonight. but what is the significance of this test in a global way. >> north korea has crossed two technical thresh olds. there was the test of the three- three-stage missiles very successful. put a satellite in orbit which means w
the government had used a smaller and lighter nuclear device with greater explosive power than previous tests. this is the third test in six years, and the first under the leadership of 29-year-old kim jung-un. it comes weeks after sanctions sanctions had been tightened against north korea. that was in december. the president issued the following statement. these provocation dos not make north korea more secure, far from achieving it's stated goal of becoming a strong and prosperous nation....
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Feb 14, 2013
02/13
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CNN
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there's many of them that go in and talk sense to government agencies. rain forest network got disney to stop using old growth rain forests for their paper and everything else. that's a huge victory. and it has teeth. rhetoric isn't enough. we've heard a lot of rhetoric. we've got to be acting radically now and we just don't seem to be able to get governments to have the kind of courage to do that. >> so their job is to make the laws and you are taking action in your own way with that network that you talked about. so tell me about you and whoopi goldberg and the big event this weekend. >> i've had three fund-raisers for rain forest action network. on sunday the 17th we're having a huge benefit -- >> also in new york for the folks who are watching. >> we're going to have food, wine, sean colvin will be playing, i'm going to be bringing my friends from "the good wife" and other actors and actresses and we're going to have a live, crazy live painter from circque de soleil. >> so you can get on the auction and bid. >> i donated my "sex and the city," it was
there's many of them that go in and talk sense to government agencies. rain forest network got disney to stop using old growth rain forests for their paper and everything else. that's a huge victory. and it has teeth. rhetoric isn't enough. we've heard a lot of rhetoric. we've got to be acting radically now and we just don't seem to be able to get governments to have the kind of courage to do that. >> so their job is to make the laws and you are taking action in your own way with that...
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Feb 11, 2013
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he can only regulate government employees in doing their work. so where do you regulate them? where they have discretion and where they get the discretion from the congress. stuart: you mentioned gun control. he could go the executive route with a tax essentially on bullets or an extra charge on bullets. he could do the same thing with climate change. what other area could we see executive action? >> well, there's so many areas of private enterprise that are regulated by the federal government. banks, the financial industry, charles' industry. stuart: are you saying he can do what he wants? >> >> no he can't do what he wants. but there are areas where the federal government regulates banks and the financial industry where he could tighten or loosen the regulation in order to draw them in the direction that he wants. but this is the fault of the congress for having given this president and in most instances his predecessors vast discretion, too much discretion as to what laws to enforce and how to enforce them. stuart: i'm almost out of time. i have to get your comment on dr. b
he can only regulate government employees in doing their work. so where do you regulate them? where they have discretion and where they get the discretion from the congress. stuart: you mentioned gun control. he could go the executive route with a tax essentially on bullets or an extra charge on bullets. he could do the same thing with climate change. what other area could we see executive action? >> well, there's so many areas of private enterprise that are regulated by the federal...
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Feb 19, 2013
02/13
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the government made a profit on it. admittedly, an unusual way to make a profit for the federal government and taxpayers, but a profit was made. indeed, they invested in aig. just put it all in context. going forward i think what andrew said is spot on. you have to put a regime and protocol in place that insures that risk is managed better and that rules are followed more closely and that punishment is meated out in a quicker way. one of the tragedies over the last five or six years. >> there are punishment. sdmroog over the last five or six years, we have seen a new set of rules and regulations, and some of the things these guys did were not against the law, so the fact that rules and laws have changed, i think, is a positive thing. >> heather, today we have word from the justice department that's now going to be shifting its prosecution strategy so that they're pushing now for guilty pleas rather than -- which seems to be a fairly big deal, and it's something that attorney general like eric snyderman who have been at
the government made a profit on it. admittedly, an unusual way to make a profit for the federal government and taxpayers, but a profit was made. indeed, they invested in aig. just put it all in context. going forward i think what andrew said is spot on. you have to put a regime and protocol in place that insures that risk is managed better and that rules are followed more closely and that punishment is meated out in a quicker way. one of the tragedies over the last five or six years. >>...
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Feb 14, 2013
02/13
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blackburn would like to see the federal government out of everything. and a much diminished federal government and we see that reflected in the gop budget, which would cut food stamps and would cut medicare and would cut most of the safety net programs that americans rely on. so it's part in parcel of that for the gop, but i think for democrats, there is a recognition of the limited role, but being strategic about how we support the states in education. >> i want to switch gears really quickly if we can and talk about the subject we began with with lynn and dana and that's about the sequester. congress is off next week, on a break as you know. when you look at the sequester, senate democrats are expected to announce their plan to avoid the sequester, showing that according to one report it's a 50/50 split over the next ten months, spending cuts and new taxes, part of their idea, including the buffett rule, which is the cap deductions and loopholes for millionaires so they pay at least 30% of their salaries in taxes. would you support that as we get clos
blackburn would like to see the federal government out of everything. and a much diminished federal government and we see that reflected in the gop budget, which would cut food stamps and would cut medicare and would cut most of the safety net programs that americans rely on. so it's part in parcel of that for the gop, but i think for democrats, there is a recognition of the limited role, but being strategic about how we support the states in education. >> i want to switch gears really...
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Feb 15, 2013
02/13
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, had really strong government revenues because of these programs. the big question for them and their competitors like accenture, ibm, oracle and others now is what happens if we hit the sequester because that is going to impact spending, is going to impact cms and could very well hit this program. here in vermont they are really holding their breath because they really need every single penny that's coming from the federal government to make this thing work and get it up in time. >> okay. bertha coombs, thank you very much. an interesting report. meantime, we're keeping an eye on the markets for you. of course, we've been moving in and out of negative and positive territory today. right now we are down, and one of the reasons that we took a bit of a leg down in the last half hour is because of that report of an internal e-mail between walmart executives, that february sales so far are a total disaster. that is weighing on retail stocks. coming up next though, a penny for your thoughts. ♪ [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ]
, had really strong government revenues because of these programs. the big question for them and their competitors like accenture, ibm, oracle and others now is what happens if we hit the sequester because that is going to impact spending, is going to impact cms and could very well hit this program. here in vermont they are really holding their breath because they really need every single penny that's coming from the federal government to make this thing work and get it up in time. >>...
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Feb 15, 2013
02/13
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a virginia couple that works for the government $217 million richer this morning. dave and nancy honeywell the sole winners of the power ball jackpot. he bought the ticket at the richmond airport on his way out of town from work. once he found out he won he was worried how he was going to get the ticket home safely. >> i found this wallet you put on your arm. i used it before for traveling overseas. i put it inside my long sleeves or whatever put the ticket in there. i kept checking it on the way home. it has to be there. it has to be there. the couple choose that one time cash option which means they get $136 million before taxes. that's probably after taxes. right? no. i don't know. it's a lot of money. they both plan on retiring in the next few weeks. they are going to retire. that's your 5@5:00. time now for your first degree weather update with janice dean. >> janice, you got a storm you are watching there? >> the northeast of course bracing for whatever happens the next couple weeks as we get through winter. we saw record breaking snow and the potential for a
a virginia couple that works for the government $217 million richer this morning. dave and nancy honeywell the sole winners of the power ball jackpot. he bought the ticket at the richmond airport on his way out of town from work. once he found out he won he was worried how he was going to get the ticket home safely. >> i found this wallet you put on your arm. i used it before for traveling overseas. i put it inside my long sleeves or whatever put the ticket in there. i kept checking it on...